US October Final Manufacturing PMI: Signs of Economic Expansion Emerge

Market research firm Markit released the final reading of the US S&P Global Manufacturing PMI for October on October 1, 2025. The published figure was 52; no consensus forecast was provided, while the previous reading was also 52.Definition: The Manufacturing Purchasing Managers' Index (PMI) reflects overall conditions in the US manufacturing sector. As manufacturing represents a significant portion of US GDP, this index serves as a key indicator for assessing the US business climate and broader economic health. Typically, a reading above 50 indicates economic expansion and is supportive of the US dollar, while a reading below 50 signals contraction and tends to weigh on the dollar.This data is classified as high importance (level 3) and is compiled from surveys of approximately 600 manufacturing firms. The PMI is released monthly, with the next publication scheduled for the following month.

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